摘要
阿根廷爆发的金融危机再次引起人们对货币发行局制度的宏观经济效应的关注。本文从货币发行局制度的演变及其主要特征入手 ,分析了这种制度对一系列宏观经济变量的影响机制 ,并以中国香港特别行政区、阿根廷为个案分析了这种制度的宏观经济效果。从理论和实践两个方面指出 ,货币发行局制度确实对于宏观经济的稳定发展有着良好的作用 ,但亦存在相当大的负面影响。文章并指出 ,货币局发行制度运作的成功运作需要一定的条件 ,这些条件限制了它的广泛应用。
Recently the Argentina Financial Crisis caused the world to focus the attention on the macroeconomic effect of currency board system. From evolution and characteristics of this system, the paper analyses the mechanism in which currency board system influences the macroeconomic variables and the actual macroeconomic effect of Hong Kong and Argentina. It can be concluded that currency board system could bring stability to macroeconomic system although it may cause some side effect. However, the success of the system depends on many factors, which limit the scope of its application.
出处
《暨南学报（哲学社会科学版）》
CSSCI
2002年第2期45-52,共8页
Jinan Journal(Philosophy and Social Sciences)
